Buying G/U @ 1.5798 / at current price
Take Profit 1.5930
Stop Loss 1.5750
Nice work to everyone who was taking buy positions. Glad to see we were able to profit off the move, nice and clean.
Gmail: 4xmiracle
Cable Update (GBPUSD)
- #284,062
- Jul 12, 2011 5:27pm Jul 12, 2011 5:27pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
90% of traders use TA, indicators and prediction
- #284,063
- Jul 12, 2011 5:38pm Jul 12, 2011 5:38pm
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
uhm
anyway, here is night n i need a rest
looks more likely to get again 58 area but last daily candle does not let me think on a strong down move.....
have a good trading
anyway, here is night n i need a rest
looks more likely to get again 58 area but last daily candle does not let me think on a strong down move.....
have a good trading
90% of traders use TA, indicators and prediction
Hi MaryJane,
How do you know which one is decision and which one is indecision? What is the name of the technique u using? maybe I could try googling.
Sorry for being so slow in learning.
Awesome threads here on FF:
Price is Everything
Romancing the Price
Free webinars by Sam Seiden (they're all the same but watch them all, there are nuggets of gold inside): http://www.fxstreet.com/search/contr...1-e9bf77216d2f
closed half pos +30p
possible buy zone around 5850
update (it still can fail and re-break, nothing is 100%):
MarginTrader All Time Return:
na
- #284,077
- Jul 13, 2011 1:24am Jul 13, 2011 1:24am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Hi all,
I still don't get. What is the clue that make u think the market will go up (reverse coz previously the pair is going down trend). U all are really good at forecasting. What is the technical analysis u use?
about technical etc you can see here in GU thread, what me and also all other good traders use to identify entries, trends etc.
every one has different ways but most of times i find that a lot of people say the same thing, with different methods.
so, here you can see charts, read comments etc, i think will be very helpful to you to understand better whats going on on markets.
for example yesterday we were a lot of people going long near 5800, every one with different lots, reasons, etc... but i think most of traders here were agree to go long near that support...
anyway, i suggest you not to listen to others to decide an entry on market! listen to others to learn n understand what market is saying!
90% of traders use TA, indicators and prediction
- #284,079
- Jul 13, 2011 1:26am Jul 13, 2011 1:26am
- Joined Sep 2006 | Status: Oh yeahhh :) | 1,409 Posts
- #284,080
- Jul 13, 2011 1:35am Jul 13, 2011 1:35am
- Joined Apr 2010 | Status: Today is my first trading day! | 9,452 Posts
Hi, the compression (as Red is calling this) is basically a rising wedge. it's supposed to be retested on break. I have no idea if this one will hold or not, i'm entering from inside the pattern; the break was very possible ...............
im still not into any position as i was sleeping.
i notice anyway in h1 something like that on the chart below:
16 h1 candles closed into that range around the damn 50%fibo and above 5900. looks more like a bullish flag than a wedge, but anyway i wait it to close a candle out of it for the moment then will decide..
90% of traders use TA, indicators and prediction